Details of the Organization

Formed in December 2018 through the merger of infrastructure finance giant IDFC Bank and retail finance specialist Capital First, IDFC FIRST Bank commenced commercial banking operations in 2016.

Details of the Job/Internship

IDFC FIRST Bank is hiring a Legal Manager – Debt Management with 1–6 years of experience to join their Collections function in Chennai.

Role and Responsibilities

• Manage and undertake the collections process for assigned debts.
• Track the portfolio for specific buckets in the assigned area.
• Control delinquency bucket-wise and DPD-wise, with focus on non-starters.
• Allocate and achieve targets from agencies or in-house team.
• Follow up with default customers.
• Ensure adherence to collection processes and legal guidelines.
• Trace absconded defaulters and initiate recovery processes.
• Recommend legal action for non-recoverable cases and follow up for closure.
• Maintain delinquent account history and MIS reports.
• Review collection feedback on a daily, weekly, and monthly basis.

Eligibility

• Graduate in any discipline.
• A postgraduate qualification such as MBA or PGDM preferred.
• Minimum 1–6 years of experience in Legal.

Salary/Stipend

Compensation details will be finalized during the interview process with the selected candidate.

Type of Opportunity

Fulltime

Country

India

State

Tamil Nadu

Address

Chennai, Tamil Nadu, India.

Application and Registration Details

We are solely providing this information for dissemination and wish to clarify that we are not affiliated with the organization.

After you submit your application, you will receive the next steps in the process via email. Please follow the instructions provided to complete your application. 

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